NRG Energy, Inc.

NRG Utilities Utilities Independent Power Producers

NRG Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $30.7 billion, up 9.18% from fiscal 2024.

Revenue
+11.0%
EPS
+474.2%
Free cash flow
+8,715.1%
Total debt
+112.5%

Quarter to June 2026, against a year earlier

81.23 2.02 −2.43%
Market cap
$16.9B
P/E
21.4×
Fwd P/E
11.9×
Dividend yield
2.34%
F-score
6/9
Altman Z
2.25
Beneish M
−2.52
Dividend safety
72/100

NRG Energy, Inc. (NRG) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, NRG Energy, Inc. (NRG) trades at a P/E ratio of 21.4×. Over the past ten years it has ranged from 0.0× (March 2024) to 881× (May 2015); the current reading is higher than 74% of that period. That is below the Utilities Independent Power Producers industry median of 23.4× and above the Utilities sector median of 19.5×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 39.4× 124.56%
FY2024 17.6× —
FY2023 0.0× —
FY2022 6.3× 30.81%
FY2021 4.8× (73.15%)
FY2020 18.0× 664.76%
FY2019 2.3× (95.08%)
FY2018 47.7× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 38.4× (77.38%)
Mar 2026 170× 331.12%
Dec 2025 39.4× 67.45%
Sep 2025 23.5× (64.97%)
42 more quarters

Against its own ten years

Low 0.0× High 881×
Ten-year median 4.0×
Current reading's percentile 65

P/E ratio against peers

Company P/E ratio
DGXX Digi Power X Inc. compare n/m
TLN Talen Energy Corporation compare n/m
OKLO Oklo Inc. compare n/m
VST Vistra Corp. compare 19.0×
NRG NRG Energy, Inc. 21.4×
CEG Constellation Energy Corporation compare 23.4×
KEN Kenon Holdings Ltd. compare 25.7×
HNRG Hallador Energy Company compare 234×
ONEN ONE Nuclear Energy Inc. compare —
Utilities Independent Power Producers industry median 23.4×
Utilities sector median 19.5×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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